BlockFi Sells $160 Million Bitcoin (BTC) Mining Loans
BlockFi Inc., a defunct cryptocurrency lender, aims to offer loans for around $160 million, secured by some 68,000 Bitcoin mining rigs.
BlockFi
Crypto Investor Loses Over $500k in CeFi Yield Products
A crypto investor has come on the Reddit platform to admit that he lost over $500,000 in Centralized Finances’ yield products. Read CNL for more.
BlockFi CEO Irked by Celsius, Voyager Comparison
Zac Prince told people not to compare BlockFi with Celsius and Voyager. FTX has acquired BlockFi for $25 million. Celsius has hired new lawyers to explore its Chapter 11 bankruptcy options, while Voyager explained where customers’ money is held. BlockFi CEO Zac Prince took his displeasure to Twitter at being placed in the same league with embattled Celsius Network and Voyager Digital. As stated in the tweet, people should not put “BlockFi in the same bucket/sentence as Voyager and Celsius.” However, he admitted that two months ago, their situation were similar. In detail, BlockFi has been struggling in many areas
